Every story and comment from the Hacker News API, in a layout borrowed from 2001.
A comment on Anthropic IPO. Parent comment
The stock market used to be about companies raising capital from the public. But for the past few decades it's been about private shareholders of already profitable companies (e.g. Google) cashing out by selling to the general public.
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The stock market used to be about companies raising capital from the public. But for the past few decades it's been about private shareholders of already profitable companies (e.g. Google) cashing out by selling to the general public.